PEStore

Buyout PE

Genstar Capital

Genstar Capital acquires controlling stakes in established, profitable businesses, from San Francisco, CA, USA. It states a focus on software & internet, healthcare & life sciences, financial services and industrials & manufacturing.

Disclosed holdings
Most recent fund2022filing since 2015
HeadquartersSan Francisco, CA, USA
Stated fund size~$51B AUM; Fund XI $12.6B (2023)

Stated investment criteria

What Genstar Capital says it buys

Read from Genstar Capital’s own website in August 2026. This is what the firm says it buys, not what anyone has recorded it buying, and figures are shown in the currency the firm itself used - nothing here is converted. Every line links to the page it was read from.

Transaction typesCarve-out1
Founded19881
OfficesSan Francisco1

A stated mandate is a firm’s description of itself and was true of the page on the day it was read; firms widen and narrow what they will look at without updating the site. Genstar Capital states that it takes majority or outright ownership. Nothing here is a commitment by Genstar Capital to consider any particular business, and nothing on this page is represented as being for sale.

SEC filings

What Genstar Capital has raised

From this firm's own Form D filings. A fund files one within fifteen days of its first sale, under penalty of perjury, which makes these the hardest numbers on the page.

Vehicles filed5
Total capital raisedNot disclosed in filings
Largest single vehicleNot disclosed in filings
Filing history2015 to 2022
Smallest accepted commitmentNone stated
Filed fromCALIFORNIA

Form D covers US-domiciled vehicles raised from accredited investors. It will not capture a fund raised outside the United States, separately managed accounts, or capital deployed off balance sheet, so treat these as a floor rather than a total.

Regulatory record

How Genstar Capital is registered

From this firm's Form ADV, the annual filing every registered and exempt investment adviser makes to the SEC.

Adviser statusSEC registered
Regulatory assets under management$51bn
Employees49
Private funds advised30 · $51bn gross
SEC adviser numberCRD 156932

Recorded transactions

Buying and selling

Deals in which Genstar Capital is named as buyer or seller in the transaction archive. 2 recorded exits, most recently in 2024. 2 recorded acquisitions.

CompanySideCounterpartyYearConsideration
2-10 Home Buyers WarrantySoldFrontdoor2024$585m
ISSBoughtVestar Capital Partners2017$720m
iSqFtSoldRoper Technologies2016$632m
BoydBoughtTruArc Partners2015$557m

Compiled from a transaction archive of 10,204 recorded deals. Most private transactions are never disclosed, so this is a sample of a firm’s activity rather than a complete record of it.

Valuation context

Transaction values in Software & Internet

What companies have actually sold for in software & internet, across 2,672 recorded transactions.

Median consideration$80m
Middle 50%$20m-$250m
Revenue multiple2.2×
EBITDA multiple10.9×

The full software & internet picture - most active acquirers, recent transactions and every investor in the sector.

For owners

Own a software & internet business?

The investors on this page acquire companies like yours. A confidential valuation costs nothing, commits you to nothing, and nobody is told you asked.

Request a confidential valuation

For investors

Is this Genstar Capital?

Claim this profile to correct anything wrong and tell us what you are looking for. We will send matching opportunities as they arise.

Claim or correct this profile

Targeted buyer search

Which hundred of these would actually buy your business?

A researched shortlist with a verified deal-team contact for each, and the reason it is on the list. Fixed fee, from $1,450 - or we make the approach for you and hand you the conversations.

See how it works

Comparable investors

Similar mandates

Other buyout pe investors active in software & internet.